Colfax Corp (NYSE:CFX) SVP A. Lynne Puckett sold 7,270 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $42.01, for a total transaction of $305,412.70. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Colfax Corp (CFX) traded down $0.12 during trading on Thursday, hitting $41.27. The stock had a trading volume of 464,355 shares, compared to its average volume of 584,325. The stock has a market cap of $5,090.00, a PE ratio of 33.28, a P/E/G ratio of 1.57 and a beta of 1.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 1.80. Colfax Corp has a 12 month low of $33.31 and a 12 month high of $43.29.

Colfax (NYSE:CFX) last released its earnings results on Monday, November 6th. The industrial products company reported $0.42 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.42. The company had revenue of $844.50 million during the quarter, compared to analysts’ expectations of $901.09 million. Colfax had a return on equity of 6.26% and a net margin of 4.89%. The business’s revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. equities analysts forecast that Colfax Corp will post 1.71 EPS for the current year.

A number of analysts recently issued reports on CFX shares. Zacks Investment Research raised shares of Colfax from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Monday, October 9th. Royal Bank of Canada restated a “buy” rating and issued a $45.00 price target on shares of Colfax in a report on Wednesday, September 27th. Stifel Nicolaus restated a “buy” rating and issued a $48.00 price target (up previously from $44.00) on shares of Colfax in a report on Tuesday. Longbow Research upgraded Colfax from a “neutral” rating to a “buy” rating in a report on Tuesday, November 21st. Finally, Cowen cut Colfax from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 18th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $46.20.

Institutional investors have recently added to or reduced their stakes in the company. Toronto Dominion Bank purchased a new position in shares of Colfax during the 2nd quarter valued at approximately $118,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Colfax by 10.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,533 shares of the industrial products company’s stock valued at $139,000 after buying an additional 323 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Colfax by 7.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,688 shares of the industrial products company’s stock valued at $145,000 after buying an additional 251 shares during the last quarter. FNY Managed Accounts LLC purchased a new position in shares of Colfax during the 3rd quarter valued at approximately $160,000. Finally, Valeo Financial Advisors LLC purchased a new position in shares of Colfax during the 3rd quarter valued at approximately $177,000. Institutional investors own 74.89% of the company’s stock.

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Colfax Company Profile

Colfax Corporation is an industrial manufacturing and engineering company. The Company provides air and gas handling, and fabrication technology products and services. The Company’s segments include Air and Gas handling, and Fabrication Technology. The Air and Gas Handling segment supplies a range of gas handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket services.

Insider Buying and Selling by Quarter for Colfax (NYSE:CFX)

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